Local TV stations face Net threat
Posted by comartslibrarian on April 17, 2007
The warning signs are ominous for local TV outlets. Last month, NBC Universal and News Corp., parent company of Fox Broadcasting, helped establish a new online video network that will distribute full-length movies and TV shows across some of the top Internet portals. CBS announced its own video network last week.
Is there a place in this direct-to-consumers business model for local TV stations?